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Re: Myst post# 8657

Wednesday, 12/29/2021 10:46:48 AM

Wednesday, December 29, 2021 10:46:48 AM

Post# of 8734
Hi Myst,

I received the MSTR and 4-hour BTC and ETH 4-hour sheets. Thank you.

With regards the BTC and ETH 4-hour sheets:

See below:



If you look at the formula in J5, you'll see I multiplied 365 * 6. This is the number of 4-hour periods there are per day. I.e. 365 x 6 to annualise the period return. Doing this gives the correct Annualised Return in J5. In your ETH sheet 253.62% per annum.

The number "3.98" in J7 is a ratio, not a percentage, calculated by dividing the Profit / Loss by the Max Drawdown to express the reward in terms of risk taken, where risk is defined as max drawdown. In the ETH sheet 22.79% (PROFIT) / 5.73% (MDD) = 3.98. Showing a return of 3.98 x the risk during the period.

Is that clear?

I notice some of the 4-hour periods are coloured a darker yellow. Why is this?

Alex
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